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Posts Tagged ‘start-up’

Practical Guide To Some Great Internet Business Opportunities

December 1st, 2009

Have you ever considered that the Internet can be a reliable source of money? As long  as you are able to pay your bills online, you can start a successful Internet  based business from the comfort of your home. People worldwide have tried various  ideas and online job, searching for the best Internet business; some of them succeeded  not only to earn some extra money, but to build a lifetime career.

It’s not difficult at all to start an online business, as there are so many  opportunities to take advantage of. All you need is a strong motivation and some  interesting ideas. Keep in mind that this job doesn’t require a significant capital;  here, it’s all about your knowledge and some time to invest.

Before we go any further, I want to set something straight… You must enjoy your  work. Any business requires passion and your success depends on it. Don’t start by  thinking only about money; try to make from your online business a long term one and  get involved for real.

Read further about some of the best Internet business opportunities; maybe you’ll find  the right one for you:

Informational marketing- We live in a modern era and the Internet is the ideal  communication environment. Before starting an online business, think about your career  and interests. Almost everything you know can be turned into a reliable source of  income and, therefore, you mustn’t worry that you’re not an expert.  You can either  sell the information itself or use it to attract web traffic and  sell advertising.

EBay is a considerable business opportunity if you have talent and marketing skills.  This huge online market allows you to sell, buy and trade goods and services. The best  is to focus on effective products, which can be sold again and again. Think about  useful EBooks, how-to guides and other virtual resources.

Affiliate Marketing  as your start-up- This online business can be one of the easiest ways to make  money, because it doesn’t require to make any sales or to interact with clients. Some  people choose to join depending on the payment of commissions, and certainly this is a  viable option. Most people choose to work with the products or goods they are  passionate about.

Blogging consists in publishing regularly content, diary-like entries or quick  snippets on a website or blog. If you have something helpful to share to others, then  do it and turn this into a profitable business. You just have to express your ideas  and opinions and to pick the money. It sounds great, isn’t it?

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Large Website or Smaller Website for Your Online Business?

September 6th, 2009

You are a new online business owner, and the last thing that you need is one more decision to make. Unfortunately, I have one more thing for you to ponder: How big should your first website be?

There are two competing views on this issue and both have studies to support them. Of course, if we automatically knew which was the preferred size, there wouldn’t be a choice to make.

I should stress that this topic is not related to the size that you want the business to ultimately become. Companies that follow either model can ultimately become quite large and successful. Neither should your decision be based upon some preconceived notion of your target market or your niche. Both small sites and large sites can succeed in any niche.

I should alert you that reading this article will not automatically give you the right answer to this particular question of size. Instead, what I hope to provide is a set of some things for you to consider so that whether you build a small website immediately or lay the groundwork for a mega-site, you’ll understand that decision’s impact upon key variables now and in the future.

Small websites should be concentrated on a narrow sub-niche built around a cohesive, limited set of relatively long-tail keywords. Sites that are designed to become quite large eventually will develop most of their content in the same focused way, but they will also begin search engine optimization on the shorter, very high competition keywords at the same time.

The two approaches call for different models of long term growth, although both may begin largely concentrating upon a relatively narrow slice of the market. Businesses that begin with a large site as the eventual goal, with fully develop one small sub-niche, then gradually add new sections dedicated to other sub-niches onto their original site. Those who initially built a small site, with intention of always leaving it small, will take a “duplication of success” approach, as they gradually add more an more individual sites to their virtual empire of tiny websites. Thus with each new department in the mega-site model, there is a new set of search phrases upon which to focus. These sites are built upon what is often called the “silo” structure. As the large site grows to twenty departments or categories, the business with small sites might grow to twenty or more individual websites.

Positive cash flow can be established sooner with the small site approach. Part of this is due to the larger site having to invest resources in chasing the higher level keywords, which the mini-site is likely to ignore. Conversely, the silo sites will take longer to mature, but they can eventually become competitive for the top level keywords as they simultaneously enter the fray for the more tightly targeted words and phrases. Eventually, the silo site might become recognized as an authority in the broader niche.

Let me move now to some of the important practical matters that are impacted by your decision on this important matter.

The first has to do with start up cost. Although you’re still beginning relatively small with the site that you plan to become large, the foundation for a larger site must be laid. That means that the site’s eventual architecture must be created and the systems put in place that will eventuall become necessary for operation. Thus, it is more expensive to begin such a site, even though you may start nearly as small as the mini-site business. Mini-sites are much less expensive to build than it is to build the foundation for a larger business site.

A second practical difference pertains to your approach to keywords. Your keyword research for a small site will be undertaken to locate a limited number of closely related long term keywords. Special attention will be given to those keywords that are likely to convert immediately With the large site plan, you will conduct your research with two focal points: the lower competition but more targeted long-tails and the highest level, most competitive short tails (which are less likely to convert immediately, but the users of which might be nurtured into eventually becoming customers.

Issues pertaining to page rank is the third practical ramification of your large vs. small decision. The number of pages in a site is one of the variables that is part of the page rank algorithm, assuming the internal linking structure of the site is well optimized. Consequently, it is easier for a large site to achieve a high page rank than for a small site, although you must remember that other variables are even more important in maximizing the total page rank.

So I hope I have given you some food for thought, even though I haven’t provided a clear cut answer to you. Perhaps, though, these ideas give you an inclination as to which approach you should take considering your own unique business circumstances.

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What Size Website Should Your New Business Develop?

September 5th, 2009

You are a new online business owner, and the last thing that you need is one more decision to make. Unfortunately, I have one more thing for you to ponder: How big should your first website be?

There exist two competing views on this issue and both have studies to support them. Of course, if we automatically knew which was the preferred way to proceed, there wouldn’t be a decision that would have to be made at all.

I must stress that this issue is ultimately not related to how large you want the business to eventually become. Businesses that run a number of small sites can grow as well as those that concentrate on one major “money site.” Neither should your decision be based upon some preconceived notion of your target market or your niche. Both small sites and large sites can succeed in any niche.

In other words, the answer to the question is not automatic, and I’ll warn you right now that I’m not going to recommend the “one magical size fits all” approach.

Small websites should be concentrated on a narrow sub-niche built around a cohesive, limited set of relatively long-tail keywords. Sites that are designed to become quite large eventually will develop most of their content in the same focused way, but they will also begin search engine optimization on the shorter, very high competition keywords at the same time.

The growth models of the two are very different after each has satisfactorily mastered the beginning, narrow sub-niche. Those who have taken the mini-site approach, will begin to duplicate their success by building a new, small site in another sub-niche with a new set of long-tailed keywords. Large site businesses will instead build another section onto their growing original site. This new section, over time, is joined by others (think of new departments being added to a sporting goods store, for example). Each new section takes on a new sub-niche. Thus with each new department in the mega-site model, there is a new set of search phrases upon which to focus. These sites are built upon what is often called the “silo” structure. As the large site grows to twenty departments or categories, the business with small sites might grow to twenty or more individual websites.

Positive cash flow can be established sooner with the small site approach. Part of this is due to the larger site having to invest resources in chasing the higher level keywords, which the mini-site is likely to ignore. Conversely, the silo sites will take longer to mature, but they can eventually become competitive for the top level keywords as they simultaneously enter the fray for the more tightly targeted words and phrases. Eventually, the silo site might become recognized as an authority in the broader niche.

Let me move now to some of the important practical matters that are impacted by your decision on this important matter.

One of these pertains to the amount that needs to be invested into the site itself in the beginning. When you plan to build a large site, the architecture of the whole site (as it will eventually become) must be in place. Thus, it is more expensive to begin such a site, even though you may start nearly as small as the mini-site business. Mini-sites are much less expensive to build than it is to build the foundation for a larger business site.

The ways in which you think about your keywords is another important difference. Your keyword research for a smaller site will be much more tightly focused upon the long-tail terms, especially those that show commercial intent (thus more likely to convert sooner rather than later). With the large site plan, you will conduct your research with two focal points: the lower competition but more targeted long-tails and the highest level, most competitive short tails (which are less likely to convert immediately, but the users of which might be nurtured into eventually becoming customers.

Issues pertaining to page rank is the third practical ramification of your large vs. small decision. Page rank is impacted by a number of variables in search engine algorithms (formulas), but one of those is the number of pages that a site has (assuming that the site has a search engine friendly linking structure). Thus, it is more difficult to achieve a high page rank than it is for a large site because of its inherent value on that variable.

I trust that I have given you some some clarity with respect to variables to consider and apply to your unique business situation, even though I have not given you any clear cut final decision with respect to which alternative is best for you.

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Positioning Your New Internet Business

August 29th, 2009

When you begin a new online business, there are so many things to do that it is easy to overlook or postpone addressing some of the essential aspects of marketing. One of the decisions that you can’t afford to omit from your initial planning is the positioning of your business.

While the term positioning seems like just an example of marketing jargon, its value can’t be emphasized too much. Positioning is identifying what there is about your business that makes it stand apart from all of your competitors.

-Service – Almost every business claims they have great service. If you can provide exceptional service compared to your competitors, your clients will remember you. I’ll never forget calling a surly plumber to try to get him to come to my house for a plumbing emergency on a weekend. He acted like he didn’t want my business and then told me it was going to be $200 for him just to show up, no thanks. I called roto-router who gave me tremendous service, a guarantee, and the whole bill was less than the other guy’s service call fee. I now use them for all my plumbing, whether emergency or not.

 

-Extraordinary Features and Benefits – Positioning is not just about what makes you different, it’s also about what you emphasize. Folgers announces to the world that it’s “mountain grown coffee” ( a feature). Guess what? Any brand of coffee is mountain grown. Folgers just claimed this feature before anyone else thought to mention it. What’s something that none of your competitors are talking about?

-Price Point – This doesn’t necessarily mean you have the lowest price. You may be the most expensive in town, and that’s OK if you convince your customers you’re worth it.

-Negative Features – People probably find some things at your competitors annoying. Maybe they feel that they have to wait too long to get an answer to their questions. If that’s a good angle for you, try not phrasing it as a special positive feature, but frame it as a negative that they don’t have to worry about with your business. For example, you might say, “You’ll never have to wait for an answer to your questions with us.”

-Credibility – Some businesses like to brag about their long history. If your business is new, you need to find a different way to establish your credentials. Perhaps you might say that you bring fresh ideas to your industry or niche. Adding logos from recognizable, trusted sources helps as well. Join the Chamber of Commerce or Better Business Bureau. Work to obtain the endorsement of a magazine or a professional organization. Display those endorsements prominently. Plan for the future by soliciting testimonials.

-Others – Whatever you can think of that allows you to demonstrate that you are different from your competitors (in a good way, of course) is useful. That’s really all positioning is. Spend some time thinking through each phase of your business to see what you can point to in order to stand apart.

Proper and effective positioning is critical from the first day that you open your website for business. Traffic to your website is a precious resource. You must be certain that your unique position is evident as soon as that first potential customer shows up. After all, you need that person to return time after time. You’ll have time later to worry about other aspects of your continuing online business development, but the time is now for clear positioning.

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